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Strategies & Market Trends : VOLTAIRE'S PORCH-MODERATED

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To: elpolvo who wrote (55975)11/4/2002 2:52:26 PM
From: RR  Read Replies (1) of 65232
 
Hi Polvie! I was wondering if you had bailed on those INTC calls because I recall back then INTC turned against you.

Well, let me tell ya something. I'd have done the same thing. The way it was going back then, I'd have closed that position, too. It sure has happened to me a lot. Close the position only to have it run for the hills and me sitting there scratching my head.

It's easy to say it, and hard to do, but ya can't look back. All considered, you did the correct thing. Cut losses. Protect capital.

unexpected rally. i don't know what's holding
it up. do you?


No, I don't. Lots of bulls running. The technical gurus are still trying to figure it out. They were left in the dust a 1000 points ago on the big board.

Will be very interesting to see what happens post election and post Fed meeting.

Me? I'm still patiently waiting. Watching the SPX puts. Waiting for the little blue and red lines to cross.

Hope you are having a good day out on the western front.

RR
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